Iridium announces acquisition by Rocket Lab
The deal values Iridium at $8 billion, merging satellite network with Rocket Lab's launch and manufacturing capabilities.
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Global satellite communications network
iridium.comLast updated
In short: Iridium agreed to be acquired by Rocket Lab in an $8 billion deal and secured a massive $151 billion SHIELD contract from the U.S. MDA.
The deal values Iridium at $8 billion, merging satellite network with Rocket Lab's launch and manufacturing capabilities.
The testing uses Mlink's MS150-IR chipset for standards-based NB-IoT and D2D connectivity. Certification is expected by end of 2026.
The acquisition unifies space-based ADS-B with Iridium's network, extends ANSP partnerships until 2035, and expects $100M annual revenue addition.
Revenue was $219.1 million, net income $21.6 million, and OEBITDA $116.3 million.
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Iridium Communications ( IRDM) and Alphabet Class A ...
FEATURE Rocket Lab deal to buy Iridium Communications is a reminder that companies with existing...
Rocket Lab struck an $8 billion deal to acquire satellite communications provider Iridium Communications on Monday, betting on a SpaceX-style advantage that combines a constellation...
Mlink's advancement adds to Iridium's expanding roster of chipset partners and reinforces growing momentum toward commercial availability of Iridium NTN Direct in 2026. Iridium NTN...
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